News

Ethnic minorities to receive bilingual education: gov’t

The government affirmed its commitment to bilingual education for ethnic minority children in Cambodia’s northern provinces at a UNESCO conference in Bangkok last week. Speaking at the fourth International Conference on Language and Education: Multilingual Education for all in Asia and the Pacific, Ton Sa Im, ...

Emily Wight
http://www.phnompenhpost.com/lifestyle/ethnic-minorities-receive-bilingual-education-gov%E2%80%99t

Laos chided for ‘Selling’ dam project

An environmental group has hit out at the Lao government for organising a tour of the proposed Don Sahong hydropower dam site, saying it should not be trying to “sell” a project that has not been regionally approved. Other NGOs have also warned of the ...

Shane Worrell
http://www.phnompenhpost.com/national/laos-chided-%E2%80%98selling%E2%80%99-dam-project

Partial victory at the ICJ

The International Court of Justice yesterday unanimously declared that its 1962 judgment awarding the Preah Vihear temple to Cambodia also gave the Kingdom sovereignty over the promontory that the temple sits on. But while the announcement was initially greeted as a resounding victory by some in ...

Post Staff
http://www.phnompenhpost.com/national/partial-victory-icj

Police detain luxury wood ‘Smugglers’

Three males attempting to smuggle luxury wood on Saturday evening were thwarted by authorities in Mondulkiri’s Keo Seima district, provincial forestry officials confirmed yesterday. The suspects now being detained at the provincial police station are Vor Vanser, 16, Le Fy, 16, and Cheurng Vanseurn, 18. ...

Kim Sarom
http://www.phnompenhpost.com/national/police-detain-luxury-wood-%E2%80%98smugglers%E2%80%99

Acleda debuts its credit card

ACLEDA officially launched its first credit card on Friday as Cambodia’s largest bank eyes the country’s rising middle income bracket, president and CEO In Channy said yesterday. “This is the right time for us to start this Visa credit card product. By 2020, Cambodia will change ...

Daniel de Carteret
http://www.phnompenhpost.com/business/acleda-debuts-its-credit-card

Number of Dengue Cases Drops From Last Year

Fifty people have died from dengue fever in the first 10 months of this year, a decrease of 72 percent on the same period last year when 176 deaths were recorded, the National Center for Parasitology, Entomology and Malaria Control said Monday. Continuing a month-on-month trend, ...

Eang Mengleng
http://www.cambodiadaily.com/news/number-of-dengue-cases-drops-from-last-year-46859/

World Bank Report Says Few Cambodians Using Bank Accounts

Only 3.7 percent of Cambodia’s 14 million people have bank accounts with a financial institution, while less than 1 percent of those with an account are actually using them to save money, according to a World Bank report released Tuesday. Though the World Bank’s Global Financial ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/world-bank-report-says-few-cambodians-using-bank-accounts-46844/

Malaysian company selling its local bank

Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...

Daniel de Carteret
http://www.phnompenhpost.com/business/malaysian-company-selling-its-local-bank

Californian Winery Enters Cambodian Market

California-based winery E. & J. Gallo has entered Cambodia and is offering four of its more economically priced brands in an effort to introduce locals to wine without breaking their budget, company representatives said Monday. “Cambodia, as well as other markets in Asia, is perfect for ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/californian-winery-enters-cambodian-market-46863/

Preah Vihear temple: Disputed land Cambodian, court rules

Cambodia should have sovereignty over disputed land around the Preah Vihear temple on the border with Thailand, the UN’s highest court has ruled. The International Court of Justice in the Hague said Thailand must withdraw any soldiers from the area. Cambodia sought a clarification of the ...

BBC News Staff
http://www.bbc.co.uk/news/world-asia-24897805

Cambodia’s tourism soars

Cambodia’s tourist arrivals registered a 16.9% growth in September according to the country’s statistics and tourist Information department. The country attracted 283,787 visits compared to 242,747 during the same month in 2012. Released by the Ministry of Tourism, late last week, data showed the percentage ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/cambodias-tourism-soars/

Japan's Orix to Buy 6% Stake in Cambodia's Acleda Bank

Orix Corp., Japan’s top leasing company, has agreed to buy a 6% stake in Cambodia’s largest bank by assets, Acleda Bank PLC, according to people close to the matter. It would be the first investment by a major Japanese financial institution in the Southeast Asian country, ...

Atsuko Fukase and Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304644104579191612248592376

On Independence Day, King Sihamoni Calls for Unity

King Norodom Sihamoni used a speech during celebrations marking the 60th anniversary of Cambodia’s independence from France on Saturday to call for unity amid growing concerns over the long-term harmony of the nation since July’s disputed national election. Government officials, military officers and foreign diplomats turned ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/news/on-independence-day-king-sihamoni-calls-for-unity-46800/

Government Expects 14.5 Percent Rise in State Revenue

The government plans to raise $3.51 billion in state revenue in 2014 in order to finance a $3.4 billion draft budget, an increase of about 14.5 percent compared to the previous year, when the government raised $2.98 billion in revenue, according to a draft of ...

Hul Reaksmey
http://www.cambodiadaily.com/news/government-expects-14-5-percent-rise-in-state-revenue-46807/

Speed up FOI law, PM says

Prime Minister Hun Sen has called on the Ministry of Information to accelerate the drafting of a long-awaited freedom of information law that could see more transparency in the Kingdom’s government. According to a press release issued by the Council of Ministers after a cabinet meeting ...

Meas Sokchea and Kevin Ponniah
http://www.phnompenhpost.com/national/speed-foi-law-pm-says

Lender singled out after documentary

Some 1,000 employees from one of Cambodia’s largest microfinance institutions gathered in the Koh Pich exhibition hall yesterday to watch A River Changes Course, the award-winning documentary about three Cambodians from different backgrounds all struggling to eke out a living in fast-changing times. Why Angkor Mikroheranhvatho (Kampuchea) ...

Joe Freeman
http://www.phnompenhpost.com/business/lender-singled-out-after-documentary

Villagers prepare for storm

Cambodians in the northern provinces are preparing for the remnants of super-storm Typhoon Haiyan, though forecasts now predict it will only mildly affect the Kingdom. In a warning issued on Friday, the Ministry of Water Resources and Meteorology said high winds and heavy rainfall would likely ...

Khouth Sophak Chakrya and Laignee Barron
http://www.phnompenhpost.com/national/villagers-prepare-storm

MFIs downplay debts

Two of the leading microfinance institutions (MFIs) in Cambodia said yesterday that they have identified a relatively small fraction of borrowers who were affected by flooding and would provide relief on their repayment schedules if necessary. The comments come after both Prime Minister Hun Sen and ...

Hor Kimsay
http://www.phnompenhpost.com/business/mfis-downplay-debts

Dolphin found dead

A wounded female Irrawaddy dolphin was found dead in the Mekong River in Kampong Cham on Saturday. The 130-kilogram dolphin was discovered by residents in Kampong Siem town, significantly south of the species’ protected area, according to fishery administration officials. ...

Sen David and Laignee Barron
http://www.phnompenhpost.com/national/dolphin-found-dead

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